Auditor resignations not all that rare; here's all you need to know

According to the data there were 16 such cases in FY15 and 38 in FY18

Resignations of auditors have suddenly come into the limelight, following sharp declines in share prices of the companies involved. However, such occurrences are less rare than one might suppose. 

The median number of such resignations is 26 in the five years from FY15 to FY19, shows a Business Standard analysis of information from Prime Database. This means over two dozen auditors have resigned every year or two a month since financial year 2014-15. This number only has those cases where a reason for cessation is provided. 

According to the data there were 16 such cases in FY15 and 38 in